How do you start a coin collection?
Coin collecting is a great hobby and something you can do for your whole life. Don't get caught in the trap of trying to collect everything, collect to fast or spend a lot of money. There are penny books and many others for just collecting regardless of grade.First - find a red or blue book, it is basicly a guide book or a price book. Read the book. It gives the basics of grading specific types of coins and gives you the mint marks, years, and how many were struck.Second - Pick which denomination of coin to start your collection. Penny's are cheaper to start. Dollar's are more costly and all the others in between.Third - make a PLAN. Based on what you have read, what coin you are starting with and set an amount of money you can spend in a month. I have seen people spend too much in the first two months and give up, thinking it's too expensive. Word to the Wise: Anyone can say - this coin is uncirculated - or this is a Proof. Unless you learn about Grading coins or you only take Certified coins from a reputable grading company, it is very easy to get cheated on grade or cost.My advice (after the above steps are done) is to get a penny coin book (that holds the coins) so you can have activity finding coins from your pocket change. This will allow you to collect daily and learn in the process without spending too much. Oh yes, Get a good set of magnifiers or if you can afford it a Loupe. You can look most things up on the Internet.Have Fun with your new hobby and check out The United States Mint .
What is a good way to start a coin collection, as a hobby and an investment?
First you are either a collector or an investor!As a collector go to any small auction house and buy up a collection of coins there you can usually buy a lot of everyday ones for around $30 to $50.Sort them out and try and decide what countries you would prefer to collect from ,or from what period. Then go out and buy your second lot then your third lot OK.Put the ones you don’t want back into the auction. Then you can start specialising. buying from coin shops or more specialist lots at auction.As an investment if you are lucky? buy silver or gold coins in good condition not too good or to poor, for the poor ones will only ever be worth there gold or silver value. the very good one you will have to pay a high premium but will you be able to know what premium To pay ? But in a couple of years with a lot of learning you should be able to tellSo the coins you now have could go up or down in value thats the problem !The best thing is to collect for the sake of collecting and the enjoyment attacked to it. On your way you might be lucky enough to find some rare ones that you can sell on .
How did you start your coin collection? What do you look for? And what is a great site if I want to start collecting coins?
One day, I found the old purse in some drawer. Being so curious Child I opened it and found some old coins.I then did some research and got interested in finding some more coins. When I was pursuing school, there was a chapter in our syllabus regarding ”collection of coins”. That motivated me to start that hobby of mine again and is still continued.While collecting I don't look for anything special. If I find any coin odd or different from others I add it in my collection. I started this as my hobby so I don't mind even collecting new coins also. It totally depends on you what you want to collect.Here are some of my coin collections. I don't have pictures of all of them but I can give you some idea.These are some of the coins having value less than a rupees. Many of them are not hereThe different 1 rs coins are2 rs coins5 rs coins10 rs coinsCoins of some other countries
Is starting a coin collection expensive?
I love traveling, but money is very tight. Coins that are shipped to America from other countries is totally awesome. I was thinking of starting a collection of different coins from around the world! I just need some help. -Is a coin collection something for a girl like me? (Im 13) -I looked on eBay and they have like 4 Canadian pennies for $0.99, plus $2.99 shipping and handling, is that cheap? -Would some of the coins get really expensive if I keep them for awhile and sell them in life? I have thought about my other interests; Filmaking (Sp?) but the cameras are waaaaay to expensive. Writing; I am currently writing stories for WattPadd. Reading; I read everyday. If you have any suggestions of some cheap collections that I can start, please offer! Thanks, Brianne!
What is a Ruple Coin Collection Worth?
Are you sure they're not kopecks? A quick look at my foreign coin resource showed no 3 rouble coin from 1967 to 1986, and the 1987 onward appear to be mostly silver collector coins. I can't say how much a set of 25 coins for each of the 1, 3 and 5 kopecks would be worth, because you never see the coins sold that way. Individual coins go for maybe a dollar each on eBay if they are close to uncirculated, maybe a little more here and there for a certain date, to a collector looking to fill a hole. But if you have a complete run of 75 coins in near-uncirculated or better, a collector might easily be willing to spend $100 for the set, just to save the time on tracking them all down. eBay is probably the best place to go, it's a world-wide market. Your local shop would probably give you squat.
How would you start a coin collecting as a hobby?
Join the group www.cointalk.com, read the posts and learn about collecting. Also when you decide what coins you like and want to collect, buy the best you can afford. Learn about coin grading, so you understand a coin’s value. Visit coin shops and look at coins. Go to the Library or visit Amazon to find books on coin collecting. There are many ways to collect coins. Some collectors collect by type like American Peace Dollars, or perhaps you want to collect ancient coins like Greek or Roman coins, or perhaps you want to collect error coins… by doing your research a little first you will figure out what interests you!
How did you start and maintain your coin collection and is it worth it?
When I was 10 in 1976 the 25 cent and 50 cent coins of the US were changed in design to mark the country’s Bicentennial. This is the first major design change in coins that I saw in my lifetime. As a result my friends and I would collect the bicentennial coins from our pocket change, looking for nice examples and trying to find different mint marks in order to have a full set.Since I was paying extra close attention to coins at this time I started finding other things in pocket change. A 1927 standing liberty quarter, a buffalo nickel, Franklin half dollar. These were the beginnings of my coin collection and I still have many of these coins to this day.Eventually I became interested in world coins. As my parents and friends of my family would travel to other countries they would bring me back coins to add to my collection.In 1992 I attended my first major coin show. I was amazed at the number of dealers and the vast variety of coins, paper money and tokens that were available. I was hooked. In the years since I’ve maintained and expanded my coin collection and educated my sons about the hobby, bringing them to coin shows as well.It’s one of the few hobbies I know that accommodates children and kings, celebrates history and art, encourages reading and scholarship while also celebrating the fever of a treasure hunt. There is something in coin collecting for every personality and budget.
What is the best way to dispose of a coin collection?
ANSWER: There are two routes that you can take. The first route is to sell to the entire lot to a reputable coin dealer. They pretty much know the pricing for the coins, and in general, they won't rip you off. Of course, their prices may not be the highest (after all, it is their business), but they won't screw you if you have a really valuable coin in the mix. Of course, you can go to two or three dealers and get bids in this regard. The second route is to go through Ebay. In general, you will get more, but it will take you a lot of elbow grease and you will have to learn more about the coins. The link provided will give you a good start to help you decide. Good luck! http://coincollector.org/archives/002367...
If I want to start a coin collection for my grandson, what are the best coins in the U.K. circulation to look for?
You will be taking the advise from a Yankee, not a Brit or Scot, so please take that for what it is worth to you.Start a coin collection using UNCIRCULATED Proof or Mint issue sets. Starting with the Grandson’s birth year and significant dates.. UK circulation coins can be obtained anywhere in change or at the banks.. Have your grandson decide what coins gain his curiosity and go from there.. If the curiosity turns into inquisitive research, purchase reputable grading and value books for UK coinage and encourage him to READ READ READ..A website I use frequently when researching not US coinage is:https://coinquest.comHope this helps.